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Briefs: US Fed signals one rate cut this year; Singapore economy expected to grow by 2.7% y-o-y in 2Q2024

The Edge Singapore
The Edge Singapore • 9 min read
Briefs: US Fed signals one rate cut this year; Singapore economy expected to grow by 2.7% y-o-y in 2Q2024
US Federal Reserve chair Jerome Powell. Photo: Bloomberg
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Quoteworthy: "So many companies are playing games and trying to take advantage of investors, so we need short sellers more than ever." –— Jim Chanos, president and founder of Kynikos Associates, known for short-selling

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US Federal Reserve (US Fed)
Monetary Authority of Singapore (MAS)
Singapore GDP
survey of professional forecasters
World Bank

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